Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting
Microsoft and Chainalysis executives warned that as AI agents begin managing transactions at scale, the financial industry must overhaul its legacy infrastructure to prioritize machine identity and trust....
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World Cup fever: Chiliz expands to Solana and Base to supercharge fan token trading
Chiliz expands its 70+ fan tokens to Solana and Base blockchains, ditching its proprietary layer-1 for omnichain distribution. Using unified token standards eliminates liquidity fragmentation across chains. The move targets trading volume growth ahead of FIFA World Cup 2026, with Argentina and Portugal national team tokens already live. Coinbase's Base network integration broadens accessibility for sports fans globally.
Polymarket reportedly seeking CFTC approval to reopen main exchange to U.S. traders
If approved, the move would help Polymarket compete with Kalshi in the U.S., and bring more event-trading activity under CFTC regulatory oversight....
A crypto coalition releases technical proposal to save Aave users from a massive token exploit
DeFi United proposes a coordinated recovery plan for the Kelp DAO hack, which created 116,500 unbacked rsETH tokens worth $300 million. The coalition plans to restore rsETH backing with committed ETH and systematically unwind bad loans on Aave and Compound. Success requires governance approvals but could stabilize lending markets and recover approximately 13,000 ETH from Aave positions.